ALSTOM/ADR (OTCMKTS:ALSMY) Upgraded by Goldman Sachs Group to “Conviction-Buy”

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Goldman Sachs Group upgraded shares of ALSTOM/ADR (OTCMKTS:ALSMY) from a buy rating to a conviction-buy rating in a research note published on Friday morning, The Fly reports.

Other analysts also recently issued research reports about the company. Credit Suisse Group assumed coverage on ALSTOM/ADR in a research note on Monday, August 19th. They issued a neutral rating on the stock. Bank of America downgraded ALSTOM/ADR from a buy rating to a neutral rating in a research note on Friday, June 28th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. ALSTOM/ADR currently has a consensus rating of Buy.

ALSMY opened at $4.15 on Friday. ALSTOM/ADR has a one year low of $3.80 and a one year high of $4.81. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.13 and a quick ratio of 0.94. The stock’s fifty day moving average is $4.24 and its 200-day moving average is $4.36.

About ALSTOM/ADR

Alstom SA develops and markets systems, equipment, and services for the transport sector in Europe, the Americas, Asia and Pacific, the Middle-East, and Africa. The company offers metros, tramways, tram-trains, suburban trains, regional trains, high-speed trains, and passengers and freight locomotives; and signaling products, such as rail control systems, security and control, trackside, and interlocking products.

Further Reading: What is an inverted yield curve?

The Fly

Analyst Recommendations for ALSTOM/ADR (OTCMKTS:ALSMY)

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